BEAVERTON, Ore. (AP) _ Great Ajax Corp. (AJX) on Thursday reported third-quarter net income of $7.2 million.
The Beaverton, Oregon-based company said it had profit of 23 cents per share.
The real estate investment trust posted revenue of $12.2 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $12.9 million.
Great Ajax shares have decreased 46% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $7.95, a drop of 49% in the last 12 months.
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